X0201 4 2004-03-26 0 0000105608 WELLS GARDNER ELECTRONICS CORP WGA 0001232346 SPIER ANTHONY S 25 COLLETON RIVER DRIVE HENDERSON NV 89052 1 1 0 0 CEO Common Stock, $1.00 par value 2004-03-26 4 S 0 600 4.14 D 235883 D Common Stock, $1.00 par value 2004-03-26 4 S 0 4000 4.1 D 231883 D Prior to the transactions described in this Form 4, Mr. Spier had beneficial ownership of 236,483 shares, comprised of 192,571 shares owned and restricted stock awards representing 43,912 shares. Following the transactions reported on this Form 4, Mr. Spier has beneficial ownership of 231,883 shares, comprised of 187,971 shares and restricted stock awards representing 43,912 shares. Anthony S. Spier 2004-03-29